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20121120
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: it is a busy news morning. the u.s. is officially getting involved in the mideast fighting. secretary of state hillary clinton is en route to meet with prime minister benjamin netanyahu as the u.s. embassy attacked this morning. we have leland on the ground. we'll go to washington with the latest details on secretary clinton's mission. >> good morning. israel and terrorist leaders of gaza exchange fire president obama is dispatching secretary clinton to the middle east it is a hastedly arranged departure from cambodia where she is involved in the ongoing summit. she plans to visit israel and ramallah and egypt because u.s. considers hamas a terrorist consideration and prohibits contact it is relying on egypt and turk yeqatar to deliver its message to the hamas leadership. >> on the trip secretary clinton will emphasize the united states interest in a peaceful out come that protects and enhances israel's security and outcome to lead to improved relations to the civilians in gaza and reopen the path for israelies and palestinians so they can live in peace and security. >> some doubt secretary cl
-- there are so many things that are on the brink of taking us on the disaster not the least of them being the possibility of cyber warfare. that's something that television news ought to be covering big time right now. i am tremendously concerned by the fact that the american public and its military have never been as far apart as they are right now. a terrific job of covering everyone in uniform and hero. we did a terrific job of welcoming them at airports saying thank you for your service. we know nothing about what's going on in the military and for what's more, the military operations these days are being launched on the basis of drone attacks, cia operatives, special operations forces out in the field, and all of that backed by civilian employees, civilian contractors, and we know next to nothing that is brought by these. islamic because the reporting is not being done? >> it's because we found that keeping the american public won't stand for a draft and the professional military wasn't enough to fight all over the world else we are now -- we've been focused on afghanistan we actuall
>> alisyn: we use our finger to show them. >> brian: or if you have to run from the tv, run to the radio. among people on our show, alisyn camerota. >> alisyn: what? i'm going to tune in. bill: here we go with a fox news alert. air raid sirens wailing, rockets heading towards jerusalem. hillary clinton is on her way to the region to try to mediate an end to the fighting. there are more developments that have a direct impact on all of this. martha: time is running out for any quick peaceful resolution to all of this. israel saying it will hold on a ground invasion for 48 hours to see if an egyptian-brokered peace could take hold. in the meantime the bombs are still falling. israel is stepping up their assaults on key hamas targets. bill: lelan vittert joins us on the gaza border. there was talk of a cease-fire. where are we on that? >> reporter: israeli radio which has a reliable track record is quoting officials saying there will be a an aments early as tonight. from egypt they are saying israeli aggression will cease. israeli air strikes continue to pound away at the gaza s
forces claiming to have targeted 100 gaza sites. the u.s. secretary of state hillary clinton is on her way to the middle east for talks with officials in a bid to try to end the deadly crisis. we've been watching oil prices, as well. and after sharp gains yesterday, you can see oil prices pulling back about 27 cents, still just about $89 for wti crude. we will have a live report from our nbc colleagues on the ground in the middle east coming up in the next half hour. >>> let's talk about some of the main market events of the morning. actually today fed chairman ben bernanke's speech at the economics sclub of new york is coming up at 12:15 eastern time. traders will be listening no any comments on the central bank's operation twist program and discussions about changing how the fed communicates about interest rates. operation twist expires next month. and there is some speculation the fed will continue making asset purchases by expanding the size of its $40 billion a month quantitate of it easing program. also on the economic agenda today, october housing starts released at 8:30 a.m. an
sales ads. it's on our web site. just look for it on under see it on tv. >> one of us will be out there. >>. what is next for ama john? and changes at intel to tell you about. >> hi, john. >> hey there, yes. change is coming to intel. the ceo says that he will retire in may. he has been ceo since 2005 and worked at the company roughly four decades, interyet hit a hit of -- bit of a rough patch. now there is speculation focusing on the c operating officer. that has been the traditional route for intel. most were coos before taking the top job. in a statement intel says it's going to consider internal and external candidates. today is the fifth birthday of the amazon kindel, the product that revolutionized the e book industry. one question, would amazon consider opening brick and mortar stores? something and you're not 9= not bringing a value to society. and by the way, business results aren't good for that, either. so we want to do something that is uniquely amazon. if we can find that idea we'd love to open physical stores. >> also saying consumers don't want gadgets they want services,
behind their civilians. the terrorists targets are children and they use their own children as human shields. but if stronger military action proves necessary to stop the barrage of rockets, israel will not hesitate to do what is necessary to defend our people. >> secretary of state hillary clinton is heading to jerusalem to help secure a truce before israel launches a ground invasion. u.n. secretary-general ban ki moon is also there and nine arab leaders are showing solidarity with the palestinians. a big change since the last serious fighting four years ago. earlier today at the u.n., the united states blocked a joint statement condemning the conflict because it didn't mention the root cause which the u.s. says is hamas missile attacks. nbc's martin fletcher is in tel aviv and martin, if there's a talk of cease-fire, what is israel doing dropping leaflets? >> reporter: that's a good question. israel actually -- it has not said that the cease-fire is as far advanced as the arabs have. israel is insisting on a long-term solution and they haven't got that yet. so what they're doing is
from us and we will be using that at some point, at the appropriate time to begin to tight monetary policy. now, you're talking about the other direction, why don't we just cut it to zero, pay no interest on excess reserves and there thereby, get a little more accommodation? it is something we have considered repeatedly, i don't rule it out as an action in the future. the cost benefit analysis we have done in looking at it, starting where we are at 25 basis points is the following. if we cut -- if we were to cut that it interest rate from 25 basis points to zero, our estimate is that it would affect very short-term interest rates, like overnight rates by something on the order of eight or nine basis points, extremely small amount. and that, in turn, would have even a smaller effect on the interest rate wes care about like the rates on auto loans or houses, et cetera. so the stimulative effect of that action, while going in the right direction, we assess as being very, very small. on the other side you can the concern we have, or at least some have had, is that if there is no return
. here is sal. >>> steve mentioned the winds may be an issue on the bridges and causeway so use care. also this morning we are looking at the commute on 101 that traffic looks good approaching the split, it is 5:00 let's go to the desk. >>> they are dealing with two water-main breaks. we have alex savage there right now, what is going on right now, alex? >> reporter: people in pittsburgh will be waking up without running water and we will show you why, right here. this is that broken water-main and you can see crews are working on it to try and get access and obviously do the repair work necessary to get the water back on. this is the crews in the city of pittsburgh and they are working between york and cutter. this water-main break is running and at this point, both of the streets in this area are dry. we will show what you this looked like when we first got here as crews were pulling water out of the street. the call was about 8:00 this morning and it sent water rushing down the street. we talked with a man who lives a couple of blocks away and he said at the height of this break
in the u.s. air force and the fbi says they planned to leave this month to carry out plots in afghanistan. >>> also now we are hearing the biographer who has had an affair with general david petraeus has hired somebody to represent her. you are looking at paula broadwell at her home in north carolina which now surrounded constantly by the news media and reporters. she hired a park group to represent her. it throat an fbi investigation which exposed paula broadwell's a fair with general david petraeus. >>> they are holding off a ground move in the middle east. here is more on what exactly hillary rodham clinton secretary of state hopes to accomplish. >> reporter: israel has agreed to hold off on the ground move and hillary rodham clinton is adding her voice to the negotiations and is headed to jerusalem egypt to help deescalate the violence. israeli targeted areas to rule out hamas leaders and gaza militants continued rocket strikes on israeli cities. israel has agreed to a cease- fire and gaza ministry of health said more than 900 have been injured over the past week. they have been takin
and i get nervous when i see the vix really not react. the ten year is telling us we have some things to worry about. the stock market is kind of ambivalent. and the vix is telling us don't worry at all. so we have got three different things to worry about here. also we've got that 200 moving day average in the s&p, in the index, the spx and we're bumping right up against that. that could give us another clue where we'll be going the next three four weeks. finally we have the politicians given the opportunity to disappoint, they generally do. look at europe. i think that's something we need to wrap around a big red bow on and give ourselves for christmas. liz: i'd rather have a fancy car. what's your next target, scott, the next ceiling or floor? >> i think we could see another 2 to 3 percent off the market going into year end hopefully we get a deal from the administration and i think we unleash some capital in the market. liz: quick question about natural gas, what changed from yesterday, elliot? >> you know, we have talked about this too. natural gas is a very strange market. i mea
want clinton type of tax rate that we had back in the 1990s, okay, give us that clinton type of error. in return, we want spending levels proportion to the economy. repeal obamacare. republicans should go on offense instead of just letting the democrats define the terms of debate. dagen: do you think that all of the tax rate should go up? >> no. no. dagen: just for the wealthy, you are talking about. >> i do not want any tax increases. critics will say: oh, you are just kicking the can down the road. fine, that will help save the economy. that things will happen. connell: just in terms of perspective, the economy and numbers we report every day, you could make an argument that things are getting a little bit better. the housing data is turning around. some people say time heals wounds. >> all the more reason not to hurt the economy. there are numerous new regulations coming under obamacare. that will hurt. you have numerous regulations coming from dodd-frank. that will hurt. put them to the third degree. why in the world do you want to pile that on with new taxes? connell: do nothing
been charged with plotting to kill americans and destroy u.s. targets overseas. the fbi says the men planned on carrying out their attacks by joining al qaeda and the taliban. one of the men served in the u.s. air force. they were arrested for plotting to bomb u.s. military bases and government facilities. the fbi says the men had planned to depart this month to carry out plots in afghanistan. >>> 7:14. the united states now expanding its involvement in the middle east crisis. as ktvu's alison burns reports from our washington, d.c. newsroom, secretary of state, hillary clinton, now on her way to jerusalem to help try to work out a cease-fire. alison? >> reporter: dave, this is new this morning. egypt's president, who has been taking the lead in the negotiations, now says he believes a cease-fire is imminent. secretary of state, hillary clinton, will be meeting with israel's prime minister in about five hours in jerusalem. then she heads to the west bank to meet with palestinian leaders and finally to chiro rowe to consult with -- cairo to consult with egyptian officials. the death t
friend here of etftrends.com telling us three etfs to shop for now before consumers fill up the carts. what drove the markets today? it was a mixed day on wall street as ben bernanke urged congress to deal and reach a debt deal. the s&p and -- listen, the whole market just plunged after the speech, but, still, after awhile, the markets managed to eke out gains. dow down a point, snaps a two session winning streak. consumer discretionary and health care today's top performers and technology and energy lagged. we have lots of action in the metals today. gold giving back a little more than a half of yesterday's gains closing down $11 an ounce. other metals lower, the biggest loser today, goes into catalytic converters to convert, down 1.1%. silver down eight-tenths of a percent. here's a good sign here. new home construction soaring to the highest level in more than four years last month. jumping 3.6% to a seasonally adjusted annual rate of 894,000. october's jump pushed starts up more than 40% compared to one year ago. david: it's all covered for today's action, larry, at the cme in chi
of the summit in china and japan. he said it is important that u.s. and community as the two largest economies work together for trade an investment. >>> four southern california men have been working to destroy tar fits oversees. one of the men -- overseas. one of the men plotted and plotted to carry out plots in afghanistan. >>> no charges will be filed for the man who was arrested at the airport because of a suspicious looking watch. he was arrested at a tsa worker spotted his watch thinking it was a timing device for some type of explosion sufficient. >> ee described it as a piece of art and he meant no harm so no charges were filed. >>> and friday had a violent string of crime with went up to $20,000 and johnny wheel banks, police shot an office earn he will match the $10,000 reward, as the men were caught on video, police say they killed a 22-year-old outsidement you and you see murders every day and down expect this to happen to you. >> they recognized another man in the photo and they are asking if you know anything to call police. >>> they are proposing a public ban on pro bowed man.
Search Results 0 to 13 of about 14